From CEO to CTO… Datadog's Key Executives Sell Shares Worth Hundreds of Millions

At Datadog, Inc. (NASDAQ: DDOG), on April 8 insider Amit Agarwal converted 20,000 Class B common shares held in a family trust into Class A shares and sold them all at an average price of $122.28 per share, securing approximately $2.45 million (about KRW 3.5 billion).

On April 9, CEO Olivier Pomel, under a pre-arranged Rule 10b5-1 trading plan, converted 42,443 Class B shares into Class A shares and sold them across several price ranges for total proceeds of roughly $4.8–5.0 million (around KRW 7 billion). Even after these option exercises and conversions, Pomel still holds about 900,000 shares directly.

On April 22, CTO Alexis Lequoc likewise converted 43,224 Class B shares into Class A shares and sold them at approximately $130–133 per share, cashing out about $5.67 million (nearly KRW 8 billion); he continues to hold over 6.7 million shares in aggregate across direct and trust holdings.

Meanwhile, Datadog is slated to report fiscal 2026 Q1 results before the U.S. market opens on May 7, with analysts forecasting revenue of around $960 million and earnings per share near $0.50. The company has bolstered its product suite with GPU monitoring tailored for AI workloads and GPU infrastructure, reinforcing its standing as a leader in observability software. Several brokerages have responded by issuing Buy or Overweight ratings and setting higher price targets.

Datadog, Inc. offers a cloud-native observability SaaS platform that integrates monitoring of servers, databases and applications, serving major cloud service providers and internet companies. Co-founders Olivier Pomel and Alexis Lequoc remain key shareholders, each retaining millions of shares despite these recent sales.